Synagie Corporation Ltd

About Synagie Corporation Ltd

Synagie is the leading E-commerce solutions provider in SE Asia in the Body, Beauty and Baby or BBB sector*. We help our Brand Partners which include SMEs and MNCs execute their E-commerce strategies by selling their goods or services to consumers online and providing one-stop services and integrated technology to manage their multichannel E-commerce operations.

The end-to-end commerce enablement and fulfilment solutions (which include e-logistics) is achieved through our cloud-based Synagie Platform which leverages on technology such as cloud computing, big data analytics and artificial intelligence. This solution encompasses all aspects of the commerce value chain covering technology, online store operations, content and channel management, digital marketing, customer service to warehousing and fulfilment.

 

 

 

 

 

1H2019 Results Announcement
Tuesday, 13 August, after trading hour

Investment Merits
  • Fastest Growing E-commerce Start-Up In Singapore And One Of The Fastest Growing In SE Asia*
  • Revenue CAGR of 551.8% From 2015 to 2017
  • Asset Light, Platform Based Business Model
  • Experienced Management Team With Proven Track Record
  • End-To-End E-commerce Solutions Used By More Than 250 Brand Partners
Research
Synagie CONSENSUS
  • Consensus Rating
    4.50
  • BUY:HOLD:SELL
    2:0:0
  • Consensus TP
    0.395
Brokerages Report Analysts Recommendation TP
CIMB  Initiation  Colin Tan ADD 0.340
UOB  1H18 results
 Initiation 
Lucas Teng BUY 0.450

Stock Information
Price 0.123
Market Cap (SGDm) 32.2
YE 12/2018
Earnings Release Date (Est) 15/05/2019
52 wk high/low 0.285/0.055
YTD % change -23.1%
Free Float % 49.3%
Insiders Holding 30.8%
Key financial highlights
Key Highlights 2016 2017 2018
Revenue (SGDm) 3.7 8.0 18.1
Adjusted Net Profit (SGDm) (2.3) (3.4) (5.6)
P/Sales 8.7 4.0 1.8
Net D/E -33.1% 634.9% -85.3%
Source: Bloomberg (Based on price of S$0.123)